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Groupon (NASDAQ:GRPN) was the recipient of unusually large options trading on Monday. Stock traders purchased 15,972 put options on the company, American Banking and Market News reports. This represents an increase of approximately 169% compared to the typical volume of 5,930 put options.

A number of analysts have recently weighed in on GRPN shares. Analysts at Deutsche Bank reiterated a “positive” rating on shares of Groupon in a research note on Thursday, February 27th. Separately, analysts at Zacks downgraded shares of Groupon from a “neutral” rating to an “underperform” rating in a research note on Monday, February 24th. They now have a $6.70 price target on the stock. Finally, analysts at UBS AG cut their EPS estimates on shares of Groupon in a research note on Monday. They now have a “neutral” rating and a $8.75 price target on the stock. They previously had a $11.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $10.41.

Shares of Groupon (NASDAQ:GRPN) traded down 4.97% during mid-day trading on Monday, hitting $7.45. 30,459,570 shares of the company’s stock traded hands. Groupon has a 52-week low of $5.37 and a 52-week high of $12.76. The stock’s 50-day moving average is $8.46 and its 200-day moving average is $10.09. The company’s market cap is $5.090 billion.

Groupon (NASDAQ:GRPN) last released its earnings data on Thursday, February 20th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The company had revenue of $768.40 million for the quarter, compared to the consensus estimate of $718.04 million. On average, analysts predict that Groupon will post $0.11 earnings per share for the current fiscal year.

Groupon, Inc (NASDAQ:GRPN) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount.

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